Universal Logistics Holdings Inc (NASDAQ:ULH) CEO Jeff Rogers bought 1,000 shares of the stock in a transaction dated Friday, March 9th. The stock was purchased at an average cost of $21.70 per share, with a total value of $21,700.00. Following the completion of the purchase, the chief executive officer now directly owns 48,500 shares in the company, valued at approximately $1,052,450. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Shares of Universal Logistics Holdings Inc (ULH) opened at $21.95 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.10 and a current ratio of 1.10. Universal Logistics Holdings Inc has a 52 week low of $11.65 and a 52 week high of $25.65. The company has a market capitalization of $618.49, a price-to-earnings ratio of 29.86 and a beta of 1.54.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Monday, March 5th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, March 2nd. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.28%. Universal Logistics’s dividend payout ratio (DPR) is presently 28.28%.
ULH has been the subject of several research reports. Zacks Investment Research cut Universal Logistics from a “buy” rating to a “hold” rating in a research note on Thursday, December 28th. BidaskClub cut Universal Logistics from a “sell” rating to a “strong sell” rating in a research note on Wednesday, March 7th. TheStreet raised Universal Logistics from a “c” rating to a “b-” rating in a research note on Friday, February 23rd. Finally, ValuEngine cut Universal Logistics from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $23.00.
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About Universal Logistics
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of customized transportation and logistics solutions across the United States, Mexico, Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment.
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